Diesel average is down, for the week of September 14, reports EIA

The Department of Energy’s Energy Information Administration reported this week that the national average price per gallon of diesel gasoline fell for the second straight week and the seventh time in the last eight weeks.

With a 0.013-cent decrease, the national average, for the week of September 14, came in at $2.422 per gallon. This followed a 0.006-cent decline, to $2.435 per gallon, for the week of September 7, and a 0.015-cent increase, to $2.441 per gallon, for the week of August 31. That was preceded by a 0.001-cent decrease, for the week of August 24, and a 0.001-cent decline, to $2.427, for the week of August 17. Those two weeks of mild declines were preceded by a 0.004-cent increase, to $2.428 per gallon, for the week of August 10. This followed a 0.03-cent decline to $2.424, for the week of August 3, and a 0.006-cent decline, to 2.427 per gallon, for the week of July 27.

The national diesel average has been below the $3 per gallon mark since the week ending February 2, when it posted an average of $2.956.

On an annual basis, this week’s national average is down 56.5 cents, which is steeper than last week’s 53.6-cent annual spread.

West Texas Intermediate Crude is currently trading at $37.54 per barrel on the New York Mercantile Exchange.